Cost Engineer
Description
Gulf Extrusions is now hiring!
We have a vacancy for a Cost Engineer in our Dubai office.
Job Purpose and Job Responsibilities: Cost engineer is responsible to analyse data and information in order to estimate costs associated with manufacturing a product and to provide cost effective solutions by value engineering and cost optimization.
- Derive the actual production cost of the job order.
- Compare the actual costs with the estimated costs of the job orders.
- Analyze the root cause of the cost variances.
- Address cost variance reasons with Operations and Finance to take informed decisions whether to: - Take preventive action(s) - Update ERP costing functionality - Accept the variance.
- Recommend initiatives and cost-effective solutions in order to improve the accuracy of cost estimates.
- Produce profitability reports along various dimensions (by order, by finish, by customer, by industry, by region, etc.)
- Producing profit and loss statements based on Contribution margins.
- Reconcile Absorption based statements with Contribution-based statements.
- Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress.
- Maintaining and updating project contracts agreements.
- Review BOQ budget, specifications, and drawings for any new awarded tender to produce procurement list.
- Assist the Project Team in sourcing Suppliers/Subcontractors for procuring materials and plant (project specific or otherwise) to the correct quality and within the budget allocated and time frame.
- Managing project services using Oracle software (JD Enterprise One).
- Monitoring progress activities of the projects covering technical and non-technical materials.
- Monitors progress of the project in collaboration with the Project Manager and Project Engineer; this normally covers progress of work, manpower usage and cost, material usage and cost.
- Support in operational planning for deploying required manpower for the execution of jobs. Provide details on the project scope, timelines, and all relevant details.
- Gather proposals, specifications, and related documents and liase with stake holders in order to convert specifications to cost estimate for new and current products.
- Estimate the cost of effectiveness of production processes and tooling costs and review alternatives or put forward recommendationsfor improvement.
Qualification
- Graduate — Finance , Business , Commercial, Manufacturing or Engineering Degree
Experience
- Preferably 5 years — 8 years Preferable Industry knowledge: Aluminum extrusion orsurface treatment
SKILLS / KNOWLEDGE:
IT systems to be used:
Ideal background:
- Good Communication Skills
- Good Interpersonal & negotiation
- skillsCommercial and Financial awareness Strong Analytical skills
- Strong Technical mindset
- Knowledge of estimation techniques
- Ability to research, assemble, manage and manipulate numerical information Result oriented.
About Company
How to Apply?
To be considered for any career position at Gulf Extrusions Company LLC, please apply through the application form or send your updated CV in Word or PDF format to Mail ID
Interested candidates can send your CV to:
- hr@gulfex.com
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